The organisers of the Superyacht Cup have announced the addition of Zorab Insurance Services and McMaster Yachts as new Silver Sponsors of the Palma 2012 event.

It is the first time either company has sponsored the regatta.

Meanwhile, Dutch apparel brand Gaastra returns asa Gold Sponsor along with returning Silver Sponsors Elvstrom Sails and Reckmann.

The four-day Superyacht Cup Palma will take place from 20-23 June, 2012.

One month later, and in celebration of the London 2012 Olympics, the very first Superyacht Cup Cowes will take place from 22-25 July, 2012 in association with the Royal Yacht Squadron.